CEU eTD Collection (2008); Qiao, Liming No: Green Investment Scheme (GIS) ---Maximizing its benefits to climate and society: The current development and proposal on its modality design

CEU Electronic Theses and Dissertations, 2008
Author Qiao, Liming No
Title Green Investment Scheme (GIS) ---Maximizing its benefits to climate and society: The current development and proposal on its modality design
Summary Under the Kyoto Protocol, the Economic in Transition (EIT) countries possess a great amount of surplus Assigned Amount Units (AAUs) gained not from genuine reduction effort, but from economic recession. Thus, other Annex-I countries has vowed not to purchase the AAUs for compliance under Kyoto. GIS is proposed as a mechanism to green the AAUs by channeling the revenue from AAU sales to environment and climate related activities.
GIS is not under any international regulation, thus, there is no rule to ensure the environmental integrity in the whole greening process. The objective of the thesis is to fill in this gap by proposing the key modality structure of GIS to ensure environmental integrity.
The paper used empirical analysis to map out the current status of GIS development in EIT countries, and analyzed the problems with these countries’ GIS. The paper also reviewed the Kyoto Protocol project based mechanism to see how GIS could fit into the area, where the other mechanisms failed. A modality structure was proposed by this thesis, which could be used for both selling and buying countries as a tool to valuate GIS and as a reference to improve GIS.
Supervisor Diana Vorsatz
Department Environment Sciences and Policy MSc
Full texthttps://www.etd.ceu.edu/2008/qiao_liming.pdf

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